Using the following accounts and balances, prepare the Stockholders equity section of the balance sheet. Fifty thousand shares of common stock are authorized, and 4,500 shares have been reacquired. Refer to the lists of Amount Descriptions provided for the exact wording of the answer choices for text entries. Use the minus sign to indicate any values that are deducted on the statement.

1	Common Stock, $40 par	$1,400,000.00
2	Paid-In Capital in Excess of Par	105,000.00
3	Paid-In Capital from Sale of Treasury Stock	6,040.00
4	Retained Earnings	106,000.00
5	Treasury Stock	4,540.00